When the price of an article was reduced by 20% its sale increased by 80%.What was the net effect on sale?
I need a logical explanation for this question as with formula i can solve it but not getting it logically.
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suppose price is 100 and sale at this price 100 units
if we reduced by 20 precent i.e 80 RS units sales increase by 80 percent i.e 180 . so net effect on sales will be 180*80= 14400
100*100=10000
so
10000/14400*100= 69.45 per
if we reduced by 20 precent i.e 80 RS units sales increase by 80 percent i.e 180 . so net effect on sales will be 180*80= 14400
100*100=10000
so
10000/14400*100= 69.45 per
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